Ann: $1.5 million Raising via Placement, page-27

I guess that's a fair enough short term trading strategy but I would consider doing a little further research to exclude the chance that CAZ might be a good long term hold. Have a read more about the worlds cobolt economy, the exponential rise in demand for battery metals and the likelihood that this area in Namabia is world class cobolt research.

We could be bickering about decimal points on cents for an entry point when in fact this share might shoot up 40-100% if the drill results are favourable. Fair value for CAZ right now for me now given they have 1.5 extra kittys in the bank to fund expansion has to be around the 20 to 30 million dollars.

The Co-managing director already has extensive Namabia experience and contacts ( far more than CLA ever had ) so this could roll out faster than we think